PGS ASA — Board/Management Information 2010

Nov 3, 2010

PGS

Lysaker, 3 November 2010

Rune Eng resigns from PGS

PGS has accepted the resignation of Mr. Rune Eng as Executive Vice President Marine Contract. Mr. Eng has accepted a position as CEO of Spectrum ASA. Sverre Strandenes will in an interim period act as EVP Marine Contract, until a permanent solution is in place.

"Rune has for many years been instrumental in the development and growth of our marine seismic business. I would like to thank Rune for his contribution to the company over many years, and wish him success in his future endeavors," says Jon Erik Reinhardsen, CEO of PGS.

FOR DETAILS, CONTACT:

Tore Langballe, SVP Corporate Communications
Phone: +47 67 51 43 75
Mobile: +47 90 77 78 41

Bård Stenberg, Investor Relations Manager
Phone: +47 67 51 43 16
Mobile: +47 99 24 52 35

About PGS
Petroleum Geo-Services (PGS) offers a broad range of products including;
seismic and electromagnetic services, data acquisition, processing, reservoir analysis/interpretation and multi-client library data. We help oil companies to find oil and gas reserves offshore worldwide.

Petroleum Geo-Services, Inc.
15150 Memorial Drive
Houston, TX 77079
USA
Tel: +1 281 509 8000
Fax: +1 281 509 8500
www.pgs.com